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Compare today's MGA to GHS (Malagasy Ariary to Ghana Cedi) exchange rates

Madagascar
Ghana
MGA

Interbank Exchange Rate: 1 MGA = 0.0025 GHS
Updated about an hour ago

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All you need to know about Malagasy Ariary to Ghana Cedi money transfers

Easily compare money transfer providers in one place to send money from Madagascar to Ghana. Send money overseas to your loved ones by comparing Malagasy Ariary (MGA) to Ghana Cedi (GHS) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Madagascar.

Were you looking to send money from Ghana to Madagascar instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest MGA to GHS Conversion Rates

Here are some latest MGA to GHS (Malagasy Ariary to Ghana Cedi) exchange rates for popular conversion amounts*.

1 MGA0.00 GHS
5 MGA0.01 GHS
10 MGA0.03 GHS
25 MGA0.06 GHS
50 MGA0.13 GHS
100 MGA0.25 GHS
150 MGA0.38 GHS
200 MGA0.50 GHS
250 MGA0.63 GHS
300 MGA0.75 GHS
400 MGA1.00 GHS
500 MGA1.25 GHS
600 MGA1.50 GHS
700 MGA1.75 GHS
800 MGA2.00 GHS
1,000 MGA2.50 GHS
1,500 MGA3.75 GHS
2,000 MGA5.00 GHS
2,500 MGA6.25 GHS
3,000 MGA7.50 GHS
4,000 MGA10.00 GHS
5,000 MGA12.50 GHS
10,000 MGA25.00 GHS
15,000 MGA37.50 GHS
20,000 MGA50.00 GHS
30,000 MGA75.00 GHS
40,000 MGA100.00 GHS
50,000 MGA125.00 GHS
100,000 MGA250.00 GHS

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Madagascar to Ghana money transfers?

Sending money internationally to Ghana from Madagascar can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malagasy Ariary to GHS remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Ghana. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Ghana Cedi.


How to get the best exchange rate for sending money from Madagascar to Ghana?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Ghana.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Madagascar to Ghana transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your MGA to Ghana Cedi money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Madagascar to Ghana?

Finding the cheapest way to send money from Madagascar to Ghana might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MGA to GHS via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Madagascar to Ghana exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Madagascar to Ghana?

Big banks in Madagascar are known to make a lot of money by charging high fees on Ghana money transfers from Madagascar. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MGA to GHS exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Ghana. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Madagascar to Ghana. You work hard for your money, so you should also ensure you get the maximum yield when you send GHS overseas.


How to send money to Ghana from Madagascar fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Madagascar to Ghana. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MGA to GHS fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Malagasy Ariary amount reaching Ghana. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Ghana Cedi quickly to Ghana, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Ghana from Madagascar?

Since the Malagasy Ariary to Ghana Cedi money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Madagascar that may also be able to send money to Ghana. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MGA to GHS money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Ghana gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Madagascar to Ghana transaction.


Step by step guide to send money to Ghana from Madagascar

There are many important aspects of Madagascar to Ghana remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Madagascar bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include GHS bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Malagasy Ariary amount you want to send from Madagascar.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Ghana to validate that they get the money once the transaction clears.